Obama calls for higher tax rates for rich Americans

01 Apr, 2012

US President Barack Obama called Saturday for higher tax rates on wealthy Americans, saying the current system of tax breaks for top income earners was unfair. "Today, the wealthiest Americans are paying taxes at one of the lowest rates in 50 years," the president said in his weekly radio and Internet address.
He pointed out that under the current system people like billionaire investor Warren Buffett or Microsoft founder Bill Gates were paying a lower rate than their secretaries.

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